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with 5-hour energy. i get hours of energy now -- no crash later. wait to see the next five hours. republican on the senate committee onen viern meant and public works, and he says the obama administration's environmental regulations could cause a lot more bad than goodbye increasing taxes on businesses and decreasing jobs. i spoke with oklahoma senator jim enhoff earlier. senator enhoff, you issued a report on the damage that will be done to america's economy if president obama is able to push through by regulation, not legislation, but regulation his so-called greenish -- green initiative. let's talk about what happens to this country's economy and jobs if that happens. >> governor, first of all, i did that before the election. these are the regulations that he was going to impose, but he is waiting until after the election to do it for obvious reasons. all of these people will lose their jobs. he didn't want them to know that before the election. to put it in proper perspective, i think most people know that the deficit was really that came from the budget of the president, $5.3
with 5-hour energy. i get hours of energy now -- no crash later. wait to see the next five hours. republican on the senate committee onen viern meant and public works, and he says the obama administration's environmental regulations could cause a lot more bad than goodbye increasing taxes on businesses and decreasing jobs. i spoke with oklahoma senator jim enhoff earlier. senator enhoff, you issued a report on the damage that will be done to america's economy if president obama is able to push...
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Dec 31, 2012
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that's led by energy sector and stocks. ex-financials. and what's also giving us a bit of pause heading into 2013 is the fact that these expectations are calling for about a 7% increase in earnings for next year which may not seem heroic on the surface, but it is a reacceleration from the 5% that we're going to post most likely in 2012. >> you have to think about fundamentals then. >> yeah. i'm worried a bit about that and the fact we're probably going to see a reset in earnings estimates in the next three or four weeks. because these negotiations, we're going to get some closure and resolution. it's still going to be a 1%, 1.5% fiscal drag. that's going to be an impact on earnings heading into 2013. >> rick santelli, what do you make of the reporting that john harwood just came out with a moment ago? what do you think that means? >> well, i found it a little bit curious. because here we are with mitch mcconnell and the vice president trying to work this out from a senate perspective. and the story is the house isn't going to vote for it.
that's led by energy sector and stocks. ex-financials. and what's also giving us a bit of pause heading into 2013 is the fact that these expectations are calling for about a 7% increase in earnings for next year which may not seem heroic on the surface, but it is a reacceleration from the 5% that we're going to post most likely in 2012. >> you have to think about fundamentals then. >> yeah. i'm worried a bit about that and the fact we're probably going to see a reset in earnings...
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congress and really slowing down what kind of other legislation like big important legislation it comes to energy and climate change when it comes to gun control which is now in the news where it should be we're not going to get to any of those if every three months we're going to have to have a debate over how much gets how much spending gets cut yes certainly taxes always seem to be a sticking point for both sides that something not not totally new progressive writer and commentator sam sachs happy new year's eve thanks to me how does now. and since it is new year's eve we'd like to take a few minutes now to take a look back this year has been packed with major news events attempts that big and small change also signs that a new year and a new election signal not change but more of the same our motto here at archie is question more and so we thought it was important to have people on our network that do just that people that challenge the status quo and the system overall people that don't just talk about change but try to achieve it even when the odds are against them this year for the first t
congress and really slowing down what kind of other legislation like big important legislation it comes to energy and climate change when it comes to gun control which is now in the news where it should be we're not going to get to any of those if every three months we're going to have to have a debate over how much gets how much spending gets cut yes certainly taxes always seem to be a sticking point for both sides that something not not totally new progressive writer and commentator sam sachs...
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Dec 31, 2012
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spoke to me by phone as i was preparing to go on with a source familiar with the talks who noted a wind energy tax credit is preserved as the president eluded to in his remarks. also depreciation for businesses with spending money on new equipment. all of those things arement wills of the tax deal, but until they get the sequester, the budget elements worked out, the deal's not going to be finished. >> now, the deduction phaseout. this is relatively new. any idea at this point which deductions we're talking about and any timetable for them? >> i have to confess, bill, i don't know how exactly that works. these are provisions that were first initiated in the 1990s as a way of getting more revenue from people at the top without raising their rates. so what you do is you take the same deductions that other people can take and you limit their value over a certain income level. this is in addition to something the president's proposed of making the tax deductions for people above a certain income level valued only at a lower percentage tax rate than the 39.6% rate. we'll see how all of these things
spoke to me by phone as i was preparing to go on with a source familiar with the talks who noted a wind energy tax credit is preserved as the president eluded to in his remarks. also depreciation for businesses with spending money on new equipment. all of those things arement wills of the tax deal, but until they get the sequester, the budget elements worked out, the deal's not going to be finished. >> now, the deduction phaseout. this is relatively new. any idea at this point which...
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Dec 31, 2012
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while the president promises green energy, environmental rules have choked the industry and sent millions to the unemployment lines. >> he is bound and determined to have that level of taxation out of the country. >> the new taxes that lie ahead. and getting married? buying a new home? >> family is the basic economic building block of the country. >> why the best time to do it is now. >> ladies and gentlemen, governor mike hukabee. >> hello, everybody and welcome. delighted to have you here. what a great audience. welcome to "huckabee" from the fox news studios in new york city. as we wrap up 2012 and get ready for 2013, happy to have you with us. now tonight we are going to take a look ahead and look at some of the key issues that will impact us in the new year. first, let's look back at some of the most memorable quotes from last year. the president is going to be sworn in for his second term in a few weeks. so what will four more years of obama bring? he gave as you preview of what is to come in march. >> after the election i will have more flex ability. >> yikes. more flexibility? my
while the president promises green energy, environmental rules have choked the industry and sent millions to the unemployment lines. >> he is bound and determined to have that level of taxation out of the country. >> the new taxes that lie ahead. and getting married? buying a new home? >> family is the basic economic building block of the country. >> why the best time to do it is now. >> ladies and gentlemen, governor mike hukabee. >> hello, everybody and...
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Dec 31, 2012
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president essentially got everything he wanted on tax policy, not just on rates but the credits for energy and education, the amt fix, the doc fix, and the republicans got very little if anything they wanted on the spending. a lot of democrats are miffed the president didn't take off the debt ceiling renegotiation in six weeks but i think the republicans are going to have a very, very hard part on what will be chapter two of this negotiation because they trial ran the medicare voucher proposal they had, and that went over very, very poorly during the election and they don't like defense cuts that are in the sequestration right now, so it's hard for me to know where the republicans really go in stage two of this on the spedding cuts. so i think the president has done very well for himself. >> dr. peterson, what's your sense of the president's speech today? it almost sounded like the president was daring house republicans to cross him. >> i think the president's tone today does reflect what julian said, which is that 11% approval rating, the idea it looks like the house will be holding the b
president essentially got everything he wanted on tax policy, not just on rates but the credits for energy and education, the amt fix, the doc fix, and the republicans got very little if anything they wanted on the spending. a lot of democrats are miffed the president didn't take off the debt ceiling renegotiation in six weeks but i think the republicans are going to have a very, very hard part on what will be chapter two of this negotiation because they trial ran the medicare voucher proposal...
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Dec 31, 2012
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adjust your thermostat remotely to help save energy and money. turn on the lights, even see that everyone is safe and secure. and with adt, you can rely on our fast response monitoring for 24/7 protection against burglary, fire, and high levels of carbon monoxide. the adt new year's sale. it could help you save something more important than money. call now to save $300 on adt starting at $99 installed plus 15% off accessories. sale ends midnight january 2nd. >>> sunday marks the end of the nfl's regular season and the day after usually isn't too kind to head coaches on losing teams. but even a winning record can't guarantee job security. yes, it has absolutely been a firing frenzy today on the nfl's so-called black monday. seven coaches got their pink slips, most before 11:00 eastern time. the most shocking, i think to all of us, was chicago bears head coach lovie smith. he's getting the boot after nine seasons, including a trip to the super bowl. his team finished 10-6, but missed the playoffs. bears quarterback jay cutler got the news during a
adjust your thermostat remotely to help save energy and money. turn on the lights, even see that everyone is safe and secure. and with adt, you can rely on our fast response monitoring for 24/7 protection against burglary, fire, and high levels of carbon monoxide. the adt new year's sale. it could help you save something more important than money. call now to save $300 on adt starting at $99 installed plus 15% off accessories. sale ends midnight january 2nd. >>> sunday marks the end of...
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Dec 31, 2012
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for example, housing or personnel or energy are really quite small. you can cut them dramatically and not have nearly the impact you would have as if you hit bigger departments. some of these programs are also somewhat protected by law. sop they can't all be hit the same way. and the truth is a lot of people aren't sure what the result will be if full sequestration sets in. but, we do know that it could have real impact on a lot of real americans out here. for example, many federal workers could wind up furloughed if this happened. there have been warnings to tell workers they may not work at the start of the year if this goes on. obviously that impacts them. but it could impact the economy too. beyond that another big impact on the economy, what about job loss in the private sector? think about all the companies out there that supply services or goods to the federal government? if sequestration sets in, many of them will not have the business they had before. that's going to have another big impact. and even if you don't work for the government or wo
for example, housing or personnel or energy are really quite small. you can cut them dramatically and not have nearly the impact you would have as if you hit bigger departments. some of these programs are also somewhat protected by law. sop they can't all be hit the same way. and the truth is a lot of people aren't sure what the result will be if full sequestration sets in. but, we do know that it could have real impact on a lot of real americans out here. for example, many federal workers...